What is Right-financing ?
Definition of Right-financing
Right-financing goes beyond the community sector restructuring idea of right-sizing in that it looks to assess the plan require and size of an institutional entity, its functions, and their release.
Brief Explanation of Right-financing
While initially used to refer to the financial weaknesses faced by fragile and post-conflict states in developing maintainable national protection systems,it is premised on the importance of implementing sound community fund control and community and personal financial commitment concepts in support of overall financial effectiveness, efficiency, and financial durability. Whilst initially applied to the protection industry, its application as a conceptual structure brings government, community and personal financial commitment fund concepts to work towards an optimal funding structure for a given financial commitment. Establishing the right plan, institutional, funding, debt, and loan, revenue, financial, monetary and protection choices early on in your time and money phase is, therefore, essential to developing an effective financial growth plan, institutional and risk control structure. Right-financing is therefore essentially about determining an acceptable supply of funding for government and personal industry organizations as they look to deliver higher-quality and more reasonable services over time.